Foreclosure Defense

Losing your home by foreclosures can be devastating. When you face financial problems, your home’s loss can be a brutal blow to you at that time. Unfortunately, many people experience these foreclosure sales. People sell their property to recover some money that they owe on the debt. Although it is scary to have your home traded at foreclosure, you still have some options left. Suppose...

Foreclosure takes place when your lender takes over your property. Homeowners who fail to make their home mortgage payments may eventually have to experience foreclosure. When the property value falls to the point where the home becomes less worth than the mortgage you are paying, deciding to sell the house is often the best decision for homeowners. Such kind of a deal is called a short sale....

Hiring an expert foreclosure defense attorney early in the foreclosure case gives you more possibility to win. However, while seeking professional advice, make sure to know the benefits to expect. (more…)

A foreclosure is a legal process through which a lender takes control of a property and evicts the homeowner, who is unable to pay the lender back. The property/ home is sold to recover the losses caused by the homeowner as per the stipulations in the mortgage contract. The process begins when a homeowner does not make a mortgage payment. Under normal circumstances, one can miss four mortgage...

CoreLogic Chief Economist Dr. Frank Nothaft’s most recent press release has revealed that the share of home mortgages in foreclosure has officially dropped to the lowest level it has been in the past twenty years. Already well below the average pre-crisis level of 6%, the United States went from sitting at 4.9% in January of 2018, down to 4% in January of 2019. This drop has been reflected...

Foreclosure is the last thing you want when you are already having trouble in life.  There is a multitude of reasons you may find yourself in financial trouble bad enough to warrant bankruptcy, a short sale, or foreclosure.  The situation may seem hopeless, but there may be an option you are unaware of.  In some cases, you may be able to sign over the deed to your house to the lender and...

Of the over 2,000 billionaires in the world, 82 have a residence in New York City.  One57 (aka “The Billionaire’s Building”) is a tower near Central Park.  The identities of the residence of One57 are held secret, but two individuals were revealed because they stopped paying their mortgage.  Billionaires have bills too! Foreclosure #1 – Mr. LLC Mr. LLC is named as such because he shielded...